Featured Brokers
CONFIDENTIAL SALE
FOR SALE
12/01/24
604936
1028WD18 / Rightbiz
WD18 is situated in Watford, Greater London.
There are shops, restaurants, and other amenities in and around the area, providing residents with necessary services and conveniences.
WD18 is well-connected by public transport. Watford High Street station provides rail services to and from central London, making it relatively easy to access.
Market Street benefits from high footfall and excellent visibility. As a central hub, it attracts a steady stream of locals, tourists, and shoppers. The street is easily accessible, both on foot and by public transportation, making it convenient for customers to visit and explore.
Additionally, Market Street benefits from its proximity to major attractions and amenities in Watford. The street is situated in close proximity to popular shopping centers, entertainment venues, and cultural landmarks. This synergy creates a natural flow of people throughout the area, providing ample opportunities for businesses to capture the attention of potential customers and benefit from the existing infrastructure.
The local community plays a significant role in the success of Market Street as well. Watford residents are known for their strong support of local businesses, which presents an advantage for a commercial shop.
The local authorities and business associations are actively working to enhance the street's appeal through beautification projects, improved infrastructure, and promotional activities. These initiatives contribute to the overall growth and attractiveness of the area, further boosting the prospects for a commercial shop.
Rent:
The rental on this property is £26,000 Pa.
Business Rates: NIL.
All clients are advised to do their own enquiries in regards to business rates, from our understanding the payable business rates are £4000.
Premium:
The premium on this property is £165,000.
Turnover:
This shop is currently achieving £9,000 p/w
Timing:
The timings for this shop are 8am-10pm.
Tenure:
New Lease will be provided of 15 years renewable.
VAT:
This property does not have VAT applicable on it.
Enquiries & Viewings:
If you would like to enquire or book an appointment please contact us:
Simarjeet Singh | 07919203881 | Jas Rajwansi | 07877678346 | 0208 004 1111 | [email protected]
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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